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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net loss $ (10,407) $ (164)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 25,545 20,461
Provision for doubtful accounts and sales returns 1,875 2,141
Stock-based compensation expense 27,860 30,005
Deferred taxes (7,431) (1,142)
Amortization of deferred financing costs and discount 645 506
Other non-cash adjustments (150) (32)
Changes in operating assets and liabilities, net of acquisition and disposal of businesses:    
Accounts receivable 9,010 10,407
Prepaid expenses and other assets (2,067) (17,426)
Trade accounts payable 15,919 7,550
Accrued expenses and other liabilities (13,430) 549
Deferred revenue (22,865) (22,752)
Net cash provided by operating activities 24,504 30,103
Cash flows from investing activities    
Purchase of property and equipment (4,266) (3,470)
Capitalized software development costs (12,683) (9,302)
Purchase of net assets of acquired companies, net of cash and restricted cash acquired (19,985) 0
Net cash used in investing activities (36,934) (12,772)
Cash flows from financing activities    
Proceeds from issuance of debt 59,400 80,700
Payments on debt (33,765) (59,667)
Employee taxes paid for withheld shares upon equity award settlement (34,674) (18,426)
Change in due to customers (315,294) (353,597)
Change in customer funds receivable (1,115) (563)
Purchase of treasury stock 0 (28,066)
Net cash used in financing activities (325,448) (379,619)
Effect of exchange rate on cash, cash equivalents and restricted cash (504) 230
Net decrease in cash, cash equivalents and restricted cash (338,382) (362,058)
Cash, cash equivalents and restricted cash, beginning of period 651,762 644,969
Cash, cash equivalents and restricted cash, end of period 313,380 $ 282,911
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents 33,786  
Total restricted cash 279,594  
Total cash, cash equivalents and restricted cash in the statement of cash flows $ 313,380